[Freedom of Speech Wins]

Bought 1,350,000 puts on MGM.

[mazda77]

OK, for those of us who are not traders . . . .

[UnwashedPeasant]

When?

[jjotto]

And puts on 15,000,000 shares of other companies in the same report. MGMRESORTS trades at something like 6,000,000 shares per day.

[RacerX1128]

uh....MGM owns Mandalay Bay....eh?....where the shooter(s) did their damage...uh huh

[RacerX1128]

Mandalay Bay. Mandalay Bay is a 43-story luxury resort and casino on the Las Vegas Strip in Paradise, Nevada. It is owned and operated by MGM Resorts International.

[Diogenesis]

Soros again KNEW like the market crash before Obama.

KNEW as in: CAUSED IT.

And yet, Soros is protected by every allegedly US-agency
that allegedly protects America.

[pgyanke]

Need some context before this is interesting... Is this unusual for him or does he write puts on this holding often?

[Freedom of Speech Wins]

Steve Pieceznik wrote an article with more information on put volume in MGM.

http://stevepieczenik.com/financial-foolery-at-mgm/